Boko Haram releases barbaric video of insurgency

Islamist sect, Boko Haram, has released a barbaric video of its brutality in Nigeria, the stronghold of the sect. The sect has been waging a six-year old war against Nigeria and its neighbours but has been repelled in recent times.

90-yr-old grandmother kidnapped in Delta

The Delta Police Command has confirmed the abduction of a 90-year-old grandmother, Madam Helen Ojeogwu, by gunmen. The post 90-yr-old grandmother kidnapped in Delta appeared first on Vanguard News.

Public funds management secretive, with poor accountability – Lamorde

THE Economic and Financial Crimes Commission (EFCC) ‎boss, Ibrahim Lamorde yesterday said it has secured 800 convictions in its eleven year of existence and hundreds of cases still pending in various courts across the country. He also lamented that public funds management is secretive and that accountability is very poor.

DPR shuts 23 fuel depots for profiteering

The Department of Petroleum Resources has shut 23 private petroleum products’ depots nationwide for selling petrol to marketers above the ex-depot price of N77.66 per litre.

CPC begins probe of MultiChoice over rights violation

The Consumer Protection Council on Monday said it had commenced investigative sitting into the operations of MultiChoice Nigeria through its Digital Satellite Television offering based on alleged consumer rights violation against the pay-television firm. The council said already, a four-man team led by MultiChoice’s Regulatory Affairs Manager had responded to

Video: The Blog – Nana The Schwarzenegger; Nicki vs VMA; Cuppy Takes Africa

Cool TV’s The Blog this past week featured DJ Cuppy and she talked about her presidential inaugural performance, being an ambassador for peace with the previous government and attacks she faced for being away from Nigeria during elections. This episode also talks about Nicki Minaj’s rant on the VMAs, and

CBN’s N213bn power fund to be disbursed in 3 weeks

The Central Bank is working with the Nigeria Electricity Regulatory Commission (NERC) to ensure the full disbursement in three weeks, of the more than N200 billion power support fund meant to resolve a pile of legacy debts and empower generating and distribution firms to produce and wheel more electricity to

Why I dumped Nigerian games for Wembley – NFF boss

The Nigeria Football Federation president Amaju Pinnick has fired back at those who criticised his trip to England to watch the Community Shield game between Arsenal and Chelsea rather than watching any of the two Nigerian teams that were involved in international matches on Sunday. The U-23 Eagles and the

Stashing of our funds

President Muhammadu Buhari’s recent visit to the United States has revealed again how our national wealth, expressed in illegal crude oil deals , high profile funds etc, finds its way to foreign countries. The President was informed of a mind-boggling $150bn stashed away in foreign countries by past government officials!

Melinda Gates’ philanthropy

The photo on the cover page of Sunday PUNCH of August 2, 2015,was most captivating. On a first glance, you are left to wonder what’s the business of these rural girls on the cover of a leading national newspaper?

Nigeria investors rattled by Buhari delays on economic plans

When Muhammadu Buhari took office two months ago, hopes were high that the former general would act quickly to drag Nigeria out of the economic crisis he had inherited. But the prolonged search by Nigeria’s new president for his cabinet and the relative silence on plans to tackle the tough

Investors lose N870bn as H1 results fail to entice stock buyers

As the lull persists on the buy-side of Nigeria’s stock market, long term investors have had their equities portfolio value eroded in excess of N870 billion this year, with no clear relief in the horizon in the short-to-medium term. The benchmark performance indicator of the Nigerian equities market has been

Buhari orders reduction of recurrent expenditure in 2016 budget

President Muhammadu Buhari has asked the National Planning Commission (NPC) to alter the present economic planning that reproduce a framework that will reduce recurrent expenditure and prioritize developmental projects in 2016 budget. The post Buhari orders reduction of recurrent expenditure in 2016 budget appeared first on Vanguard News.

Will Smith Responds To Jada Pinkett-Smith Divorce Rumors

Will Smith & Jada Pinkett-Smith have been yet again rumored to be at the end of their marriage. The couple, who have been married for 17 years and have two kids together, had been rumored to be splitting, but that isn’t so.

Lagos seals Kanu Nwankwo’s hotel, worship centres

The Lagos State Environmental Protection Agency has sealed a hotel owned by ex-Super Eagles player, Kanu Nwankwo, on Victoria Island. The hotel was among other hotels, churches and mosques sealed across the state on Monday over alleged air and noise pollution.

Nigeria refineries low on Petrol production

Current data on refineries production in Nigeria indicate that more heavy or fuel oils (low and high fuel oil/black oil) are being produced from the four refineries than other high demand products like premium motor spirit, PMS, otherwise known as petrol. The revelation comes despite assurances by the Nigerian National